As an investor i would uh hold Treasuries Because you're going to see a lot of Stupid posturing and games games of Chicken in washington but i have every Confidence that this will be worked out And the united states will uh honor its Uh Debts As a former treasury secretary i Empathize with secretary yellen who's Going to probably have a sleepless night Um Or two along the way and is gonna be Involved in all sorts of uh Posturing that's uh Necessary as she explains what he is And uh What isn't uh Possible This is an area where i think everybody Just needs to Grow up No one's really in doubt that when we've Borrowed money the united states is Going to pay it back and so this whole Ritual of pretending that we're going to Block paying it back i think is a fairly Sorry spectacle for our country it Diverts enormous amounts of political Energy that could go to solving real Problems rather than artificial and Contrived ones like the debt ceiling
